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Mid-Year Outlook: Is slower growth the new normal?

TIMOTHY HOPPER, Ph.D., CHIEF ECONOMIST, TIAA
WILLIAM RIEGEL, CFA, CHIEF INVESTMENT OFFICER, TIAA INVESTMENTS

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U.S. and global economies adjust to slower economic growth

Chief Economist Timothy Hopper, Ph.D., explains why the U.S., China and Europe are stuck in a slow-growth pattern caused by overcapacity. “Brexit” could have a positive impact in the U.S. by reducing borrowing rates as investors seek safety in U.S. Treasury bonds, but impact in the U.K. and Eurozone is expected to be negative.

Timothy Hopper, Ph.D.
Chief Economist

 

William Riegel, CFA
Chief Investment Officer

Tim Hopper

Bill Riegel

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